Senior Property Development Manager

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Key Information

Job title: Senior Property Development Manager

Salary: £87K - £99.5K + TFL Benefits  (depending on experience)

Grade: Band 4 

Contract type: TfL                                          Reference:  2976 

Team: Places for London - AM Commercial Office Development 

Directorate: TFL - Customer and Strategy

Contract details: Permanent Location*: Victoria Station House, Victoria Street / Hybrid*  

Application closing date: Sunday 18/01/2025 at 23:59 

*Hybrid working within this role enables time split between the office and home, with a minimum of 50 per cent in the office over a 4-week period. Hybrid working arrangements can evolve subject to business requirements.  

Overview of project/role 

Welcome to Places for London, TfL’s property company, where your career can make a meaningful impact on the landscape of a global city. As an integral part of the London community, we are building thousands of new and sustainable homes over the next 10 years across the capital.

We are one of London’s largest landlords, providing flexible and accessible workspaces for 1,500 customers, over 90 per cent of which are small businesses.

Our mission is about crafting environments that inspire and connect people. From residential developments that redefine modern living to commercial spaces that drive economic vitality, we are at the forefront of urban development and reimagining what is possible. We prioritise innovation, sustainability and community engagement whilst fostering a collaborative and inclusive work environment.

We are looking for a highly skilled Senior Property Development Manager to join Places for London, leading the delivery of major commercial office-led property development projects across central London. This role is integral to our ambitious development programme, including our flagship Platinum joint venture with Helical, which involves equity investments of more than £200m to create assets valued at over £1bn.

As a senior leader, you will manage a portfolio of projects through the full property lifecycle, operating in a lean client capacity to ensure strategic alignment, financial control, and best-in-class delivery. You will work closely with multidisciplinary teams and key stakeholders to deliver innovative, sustainable developments that generate significant receipts and operational benefits for TfL.

This is a unique opportunity to shape London’s future commercial landscape and contribute to creating world-class office spaces that support the city’s growth.

Key Accountabilities  

1. Project Leadership Support the Head of Property Development and take leadership responsibility for delivering a defined set of projects within Places for London’s Property Development Programme. Assemble, manage, and motivate high-performing multidisciplinary teams to achieve project objectives.
2. Strategy Development  Contribute to the preparation of property development strategies and associated policies to identify, exploit, and optimise beneficial outcomes from development opportunities on TfL’s estate. 
3. Internal Stakeholder Management Manage complex interfaces and relationships within TfL to ensure alignment and drive the development programme forward.
4. External Engagement Engage effectively with public and private sector stakeholders to minimise risks and optimise returns for TfL.
5. Commercial Negotiations Lead negotiations with external counterparties, leveraging expertise in financial structures associated with property development to deliver added value.
6. Opportunity Creation Identify and champion new property development opportunities, contributing to property development strategy reviews.
7. Board-Level Reporting Produce well-structured and reasoned board papers to support development proposals and decision-making.
8. Team Management Take line management responsibility for supervising, motivating, and developing  staff allocated to this role.

Skills, Knowledge & Experience  

Skills

• Demonstrate excellence in team working, as much of the property development programme work will be undertaken by external partners and consultants , and ability to work on own initiative under pressure.  (Essential)
• Leadership and management skills necessary to supervise motivate and develop staff assigned to this role. (Essential)
• Financial and project management skills to manage substantial project budgets and milestones, and oversee sensitivity testing, risk management etc. (Essential)
• Good communication skills (both oral and written) and the ability to write reports and business cases up to board level. (Essential)
• Ability to build and maintain a wide network of internal and external relationships, and act as ambassador for TfL and Places for London where appropriate.
• Strong IT skills encompassing both standard business desktop packages and property specific packages such as ‘Circle’.

Knowledge 

• MRICS professional qualification or equivalent.
• An understanding of core property development concepts, inter alia; planning, property law, construction and engineering principles, project management, leasing, property transactions, etc. (Essential)
• Good working knowledge of core property valuation and development appraisal techniques and able to undertake robustness evaluations, financial modelling and risk evaluation studies. (Essential)
• Good background in legal knowledge to instruct solicitors in relation to sales, structuring joint ventures, development agreements, acquisitions, and the like. (Essential)

Experience 

Demonstrable experience of:

• Lead management of all key stages of complicated property development projects - typically large-scale, high value (Essential)
• Rail-infrastructure - dealing with rail constraints or delivering transport operational benefits. (Essential)
• London office market knowledge and experience (Essential)
• Dealing with all but the most complicated property development matters without day-to-day supervision.
• Handling a varied workload comprising at any one-time cases requiring a significant range of professional knowledge and judgement.

Application Process 

• Please apply using your CV and a one-page covering letter 

• Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter 

• PDF format preferred and do not include any photographs or images 
• Interview Date -    Mid-February 2026  [exact dates tbc]  

We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice. 

Equality, diversity and inclusion 

We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair. 

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Benefits  
In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow.  Rewards vary according to the level of role but mostly include the below:
 

Final salary pension scheme 
Free travel for you on the TfL network

Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket
30 days annual leave plus public and bank holidays 
TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow
Private healthcare discounted scheme (optional) 
Tax-efficient cycle-to-work programme
Retail, health, leisure and travel offers 
Discounted Eurostar travel